VTC fleet insurance
The VTC sector (vehículos de transporte con conductor, private hire vehicles with a driver) is a growing urban mobility service, based on advance booking and digital management of the service.
Licence-holding companies, fleets, operators and drivers provide a discretionary passenger transport service that combines technology, specific regulation and high exposure to on-road risk.
- The activity relies on booking platforms and apps, geolocation and digital payment, which links operational risk with technological risk.
- These vehicles are constantly on the move in complex urban environments, which increases the likelihood of an accident, and in most cases they operate double shifts.
- The regulatory framework, at national, regional and municipal level, shapes the management of authorisations and insurance obligations.
- Accidents and third-party damage: injuries to passengers, pedestrians or other drivers, with claims that can be substantial.
- Damage to vehicles: accidents, theft or vandalism affecting the vehicles, which are the company’s main asset.
- Business interruption or loss of earnings: a vehicle off the road is a vehicle that stops generating revenue.
On top of the usual challenges any business faces, there is the risk of the high claims rate that these fleets generally present.
At JHASA we specialise in placing VTC fleet policies, adapting to the needs of companies operating in the chauffeur-driven passenger transport sector.
At JHASA we offer tailored insurance solutions that protect VTC licence holders.
Our commitment to the VTC industry
At JHASA we work with leading insurers to offer programmes tailored to each client's needs. Our strategic approach allows us to mitigate risks, protect the fleet and ensure service continuity.
Contact us today and find out how we can help you protect your business in the mobility sector.